KUALA LUMPUR: Bursa Malaysia is expected to hit the 1,800-point-level by year-end, lifted by a potential rebound in corporate earnings expansion after three years of no growth, said Maybank Investment Bank (IB) Bhd head of retail equities, Lim Chee Kiong.
He said the core earnings of the FTSE Bursa Malaysia KLCI’s component stocks were forecast to grow 7.3% this year and 7.9% in 2018.
Already a subscriber? Log in.
Subscribe to win RM50 Touch 'n Go e-Voucher! More Info
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!